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Andrew Bragg, an Australian senator, has advanced a bill to regulate the local crypto market. Will it really “protect consumers and promote investors”?
Reports have emerged of the Australian government taking steps to tighten regulations on cryptocurrency in the Pacific nation. This has raised concerns among the cryptocurrency community. Many fear these actions could hinder the innovation and adoption of digital currencies.
One of the reasons for the government’s proposed crackdown is the need to combat financial crime. The use of cryptocurrencies in money laundering and other illegal activities has raised concerns for many governments worldwide. Australia is no exception.
Countering Bad Actors
The Australian Transaction Reports and Analysis Centre (AUSTRAC), the country’s financial intelligence agency, monitors the use of cryptocurrencies for illegal doings. According to a 2020 report by the agency, the use of cryptocurrencies for money laundering and other financial crimes is on the rise in Australia.
In response, the government introduced new legislation requiring cryptocurrency exchanges operating in the country to register with AUSTRAC. Further, they must comply with anti-money laundering and counter-terrorism financing (AML/CTF) rules.
This move is welcome for many in the industry. It will help legitimize cryptocurrencies in Australia and make it easier for individuals and businesses to use them for legitimate purposes. However, there are concerns that the new regulations could be too strict and stifle innovation.
One proposed regulation is a ban on anonymous cryptocurrency transactions. This means that all transactions must be traceable back to their source. This could be problematic for individuals who value their privacy and want to use cryptocurrencies for anonymous transactions.
Another potential issue is the proposed ban on certain types of cryptocurrencies, such as privacy coins like Monero and Zcash. These coins are designed to provide users with increased privacy and anonymity but some have linked them to illegal activities.
While the government has not yet confirmed whether it will implement a ban on privacy coins, many in the industry fear that such a move would be counterproductive. This could drive innovation and the development of digital currencies underground.
Senator Andrew Bragg is ramming through strict new legislation to correct what he sees as a need for more oversight of crypto. Hence the Australian Parliament has weighed a new bill proposing regulations for cryptocurrencies.
The Digital Assets Market Regulation Bill of 2023 imposes numerous strict requirements across various crypto transactional areas, including auditing, segregation of funds, physical presence in Australia, minimum reserve standards, and reporting requirements.
The bill aims to install three licensing permits around exchanges, custody, and whether they can issue stablecoins, a digital asset-backed fully by other assets like the Australian dollar. Senator Bragg says the bill provides minimum capital requirements, appropriate governance procedures, segregation of customers’ funds, and security requirements.
Further, the Senator added:
“The Digital Assets Bill will put Australia back into the race to regulate.”
But is a “race to regulate” good for the industry and consumers? Many believe the proposed regulations are necessary to protect consumers and prevent financial crime. They argue that the benefits of legitimizing cryptocurrencies in Australia far outweigh any potential downsides.
BTC Markets chief executive Caroline Bowler said that regulatory clarity has been a significant challenge for the crypto industry in Australia. Therefore, the proposed bill will provide clear guidelines and regulatory frameworks, benefiting the industry by attracting more institutional investors and driving innovation.
Moreover, the Australian government has also been encouraging the development and adoption of blockchain technology, which underpins cryptocurrencies. In 2018, the government announced a $100 million blockchain fund to support research and development in the industry, and several blockchain startups have already received funding from the program.
While the amalgamation of regulatory measures and a supportive government might sound positive, possessing specialized financial knowledge regarding the asset class is essential. Senator Bragg has years of experience in policy and research, but needs more crypto exposure, at least as per his LinkedIn profile. Sometimes, politicians advance such measures for political gain.
A Balanced Approach
The Australian government is taking a measured approach to regulating cryptocurrencies and blockchain technology. There are concerns about the potential impact. Yet many see the regulations as necessary to ensure that digital currencies are for legitimate uses and to protect consumers from financial crime.
On the one hand, regulation can provide clarity and stability to the crypto industry. Thus, making it more accessible to investors and boosting mainstream adoption. It can also protect consumers from fraudulent or illegal activities and prevent money laundering and other criminal activities.
But excessive or poorly designed regulation could stifle innovation and limit the crypto industry’s growth. It could also make it more difficult for small businesses and individuals to participate. Thereby limiting their opportunities to benefit from the potential gains.
Overall, a balanced and thoughtful approach to regulation could benefit both the crypto industry and consumers by providing a stable and safe environment for innovation and investment. However, regulators must consider the crypto industry’s unique characteristics and seek input from industry experts and stakeholders to devise appropriate regulations.
Following the Trust Project guidelines, this feature article presents opinions and perspectives from industry experts or individuals. BeInCrypto is dedicated to transparent reporting, but the views expressed in this article do not necessarily reflect those of BeInCrypto or its staff. Readers should verify information independently and consult with a professional before making decisions based on this content.


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SDCC Exclusive Reveal: Funko Batman Video Game Deco 8-Bit Pop! Vinyl Figure - Entertainment Earth ExclusiveWritten by James Zahn
By this time back in 1989, thanks to Tim Burton's feature film, it was the Summer of BATMAN and by year's end, Bat-fever was everywhere. Just days before Christmas, Sunsoft released Batman: The Video Game for the Nintendo Entertainment System, and nearly 30 years later it's still looked upon fondly as a classic game from the era. Now, the color scheme and spirit of that 8-Bit goodness is inspiring Entertainment Earth's latest SDCC-exclusive figure from Funko to be officially revealed right here on The Rock Father™ Magazine! The Batman Video Game Deco 8-Bit Pop! Vinyl Figure* will make its debut at San Diego Comic-Con 2018 at the Entertainment Earth Booth #2343, and I've got your official first-look as an affiliate partner of Entertainment Earth...
It was two years ago already that I sat down with the team behind the DreamWorks Animation Netflix Original Series Voltron: Legendary Defender. Now, the sixth season arrives on June 15, and it's poised to answer some questions I had back then - particularly in dealing with Lotor. The Paladins are primed and ready to face their biggest challenge yet with seven all-new episodes. Check out the trailer below!
The collectibles realm continues to expand, and this summer Spin Master is going POP! The toymaker has just launched a brand new line of collectible dolls and accessories called Party Popteenies. There's 25 miniature dolls to collect from across three different themed parties – Winter Wonderland Surprise, Cutie Animal Surprise and Rainbow Unicorn Surprise. For the new collection, Spin Master is getting into the surprise/reveal/unboxing craze by giving kids a chance to have elements of each in every Party Popteenies toy - right down to the packaging which resembles gift boxes and party favors. Check out the first commercial and full details below, along with the debut Party Popteenies music video!
When I was in the Hasbro showroom at the 115th North American International Toy Fair back in February, one of the action figures highlighted as part of the relaunch of The Vintage Collection was Doctor Aphra. Ripped from the pages of Marvel Comics' Darth Vader series, Aphra turned heads and quickly became one of the most buzzed-about new figures from Hasbro. While she'll be available later this year as a single-carded figure at mass retail, her debut will happen at San Diego Comic-Con International, where the tradition of Star Wars "Special Action Figure Sets" will continue. Check out the details below!
I have a confession to make. Despite promoting the show when I was writing for the Netflix #StreamTeam when that was still a thing (RIP, for now), I have not yet finished watching the first season of Stranger Things. Yes, I know - even though my love of the 80s and all the spooky stuff is powerful, I stopped watching with the idea that my wife would join the viewing and it just never happened. With Season 3 on the way, I should probably catch up, but in the meantime I'm really admiring what they're doing on the licensing and merchandising front. One of the biggest items just hit the streets this week, and it's "Mike's bike" from Schwinn. Launched alongside a 1980's-style commercial, the only way to get it is by calling 1-800-SCHWINN. Check out the commercial below!
As the remains of Toys "R" Us continue to be sold off for scrap here in the U.S., our neighbors to the north have a much brighter picture... the sale of Toys "R" Us Canada to Fairfax Holdings Limited. The sale keeps the iconic Toys "R" Us brand alive in Canada, along with Geoffrey the Giraffe and Babies "R" Us. TRU Canada is now an entirely Canadian-owned and operated business employing more than 4,000 Canadians as the only exclusive coast-to-coast business with over 80 locations dedicated to kids and babies.
As the saying goes, it's good to be bad... right? This fall, families will have a chance to do just that as they step into some villainous shoes in LEGO DC Super-Villains. The game will be available October 16, 2018 on Nintendo Switch, PlayStation 4, Xbox One, and PC from WB Games (pre-order from GameStop - an affiliate), and now we've got the official announcement trailer and a look inside a world where the Justice League does not exist! Take a look...
Toys "R" Us: A Consumer Warning, A Buyer Walks and Employees "Rise Up" as Trouble Heads Down Under...Written by James Zahn
The Toys "R" Us saga gets bleaker by the day, and if it's not crystal clear at this point, "saving" the U.S. operations of the company was never in the cards. As I've been saying for awhile, the endgame is that Toys "R" Us as we've known it for the past 70 years is over. The name will eventually live on in a new form as a complete reboot much like we're seeing happen with FAO Schwarz and KB Toys. As for who will own it, that's still a mystery, though as I reported earlier this month, there are people interested - including a group that has the involvement of former TRU CEO Jerry Storch. One player that's out is MGA Entertainment's Issac Larian, who tweeted his disappointment after his repeated attempts at salvaging parts of the company were shot down.
Presented in collaboration between The Rock Father™ and Mattel
There’s several trends in toys for 2018, and Mattel has managed to tick the boxes on many of them with one new line - Pooparoos Surpriseroos, available only at Walmart. Coming out of Toy Fair back in February, the world knew that bathroom fun would be a big deal, and here we see that combined with squishy collectibles, micro-collectibles and the ever-popular element of both blind boxes and blind bags. Kids will love the unboxing experience that these provide, with each adorable toilet playset including one squishy Pooparoos character paired with three blind Surpriseroos. Check out our hands-on video to see five-year-old Finley (youngest of The Rock Daughters™) cracking some open!
2018 is the year of Legendary Pokémon, and to celebrate this epic occasion, families have a new ways to add some fresh characters to Pokémon Ultra Sun and Pokémon Ultra Moon (full disclosure: We received copies of those games from the folks at Nintendo) the newest Nintendo 3DS games in the franchise. Legendary Pokémon are some of the most powerful and well-known Pokémon out there - and throughout the year, there will be multiple ways for kids to add them to their Pokémon Ultra Sun, Pokémon Ultra Moon, Pokémon Sun or Pokémon Moon game! For May, those are Yveltal and Xerneas, originally discovered in the Kalos region - and the FREE DOWNLOAD CODE to get them is only available at GameStop (an affiliate) through 5/27.
Back in 2015, Entertainment Earth (an affiliate of The Rock Father™) partnered with Funko for an exclusive glow-in-the-dark Pop! Vinyl Bobblehead of Thanos, based on his appearance in Marvel Studios' Guardians of the Galaxy. A double-sized 6" figure, this version of the "Mad Titan" sold out quickly, but no one could've predicted just how popular Thanos would be three years later. Thanks to his finger-snapping villainy in Avengers: Infinity War, Funko and Entertainment Earth are doing a second run of the popular figure - the only 6" Funko Thanos that can currently be purchased new (an Avengers version sold as a Hot Topic exclusive is now only found on the secondary market). Pre-orders are open now with delivery expected in September.
Updated 5/21/2018 - Hopefully you were there for GameStop's most recent Pro Day Event, which took place on May 19 - another momentous occasion for Pros to buy games, gear, accessories, collectibles and more for super-low prices that are even lower than the low prices that they enjoy every day. You could say that Pro Day offers "heroic savings" during a single epic one-day event, and if the folks at GameStop were to go any lower they'd risk fracturing Earth's tectonic lithosphere plates. If you missed it, fear not! This is a perfect opportunity to become a PowerUp Rewards Pro or Elite Member and then keep an eye on the Pro Day site for when the next one will go down. In the meantime, The Rock Father™ and GameStop are teaming-up like Mario and Luigi to give YOU a chance to score a PowerUp Prize Pack right here! It's a chance to gear-up for summer with a sampling of items from some of the awesome companies that make Pro Day happen with brands you love like PDP Gaming, Funko, PowerA, Gunner Optiks and more. Ready to rock? Let's take a look at the latest installment of GameStop TV for a preview of some much-anticipated upcoming games, then enter for your chance to win below...

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Tintswalo has installed an anit-jamming device at its Lonehill Shopping Centre to alert security to vehicle lock jamming.
The criminal tendency of jamming car doors to prevent shoppers from locking their car is a trend that is being reported nationwide. When owners unknowingly leave their vehicles unlocked, thieves believe they have free reign to take whatever they please, while motorists often only realise that they had become victim to criminal activities much later on when they discover their valuables are missing.
“As mall owners, Tintswalo Property Group invests a lot of effort and money in protecting shoppers to ensure that they have peace of mind while shopping at our centres,” states Michelle Conradie, GM of Tintswalo.
This is why Tintswalo has installed an anit-jamming device at its Lonehill Shopping Centre to alert security to vehicle lock jamming taking place so that they can react immediately and catch perpetrators. Security guards also patrol the premises and keep an eye out for any suspicious people roaming around the parking area, making sure safety is of the highest class.
The detection device vibrates when it picks up jamming activities from approximately 100m in under cover parking areas and 200m in open parking areas. At the end of the day a thorough reconciliation is taken of every activation picked up on the device and the device history is kept on file in case of future complaints from shoppers.
Article taken from Hi-Tech Security Solutions. (Volume 19 No 11/November 2013)


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Thailand-based Charoen Pokphand Foods (CP Foods) will work on a new project called “CPF Solar Rooftop”, the largest solar rooftop scheme in the country.
CP Foods has signed an agreement with Gunkul Engineering, which will invest in 100% of the project.
The project, CP Foods say, will allow it to produce food in an environmentally friendly way. As a renowned food manufacturer, the company aims to work in accordance with the United Nation’s Sustainable Development Goals (SDGs) to ensure that production is energy-efficient. The solar rooftops will be set up at CP Foods’ manufacturing plants.
The installation will reduce CP Foods’ greenhouse gas emissions by 28,000 equivalent tonnes of CO2, which CP Foods states will benefit its renewable manufacturing setup and Thailand’s environment. So far, the company notes that it has reduced its emissions by upwards of 79,000 equivalent tonnes of CO2 in line with its commitment to sustainability.
CP Foods co-president Sukhawat Dansermsuk said: “With CP Foods’ vision to be the ‘kitchen of the world’, we are recognised by customers around the world for producing high quality and safe foods that comply with international standards.
“Using clean energy, like solar power generation, is a strategic move that will promote CP Foods’ sustainable growth at the global stage. CP Foods is looking forward to continuously increasing new eco-friendly energy sources in response to its sustainable growth goals.”
Under the agreement terms, Gunkul’s investment includes the design, construction and system maintenance of the project throughout the 15-year contract. The total instalment area will cover 230,000 square metres over four business units: livestock, agriculture, food processing, and ready-to-eat plants.
Gunkul Dhumrongpiyawut, chairman of Gunkul, said: “This cooperation will mark an important step for Gunkul and will prove that solar energy can be used commercially in the industry.”
© FoodBev Media Ltd 2020


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Lifestyle hotel brand Selina has raised $100 million in
Series C funding, bringing the company’s total funding to $225 million to date.
The latest funding round was led by Access Industries, with
additional investments from Grupo Wiese and existing investor Colony Latam
Selina pegs its valuation at $850 million.
Launched in 2015, Selina is a millennial-focused brand that
offers workspace for rent by the day, week or month in addition to overnight
accommodations. The company has more than 40 hotels across Argentina, Brazil,
Panama, Costa Rica, Colombia, Mexico, Guatemala, Nicaragua, Peru, Bolivia,
Ecuador and Portugal.
The Series C is likely to help fuel Selina’s aggressive
expansion plans, with the company currently targeting 400 total locations by
Selina plans to open an additional 35 properties in the
U.S., U.K., Germany, Portugal, Greece, Israel, Argentina, Brazil and Mexico
this year, as well as make its foray into Asia by 2020.
Selina recently announced plans to invest heavily in New
York, with plans to open two Manhattan locations and one in Woodstock, N.Y.,
later this year.
The brand also has three Miami hotels under development and previously
said it aims to have 15 U.S. locations by the end of 2019.
Source: Read Full Article


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What Car? Magazine has revealed Jaguar as a leading manufacturer in a UK owner satisfaction survey. Not only has the Jaguar XF scooped the title of best executive model on its JD Power debut, but the Jaguar XF finished second overall and helped Jaguar to its position as third out of 27 manufacturers - an improvement of 13 points from 2009.
Geoff Cousins, Managing Director, Jaguar UK said, "Surveys that are based on customer satisfaction are always of great importance to us because they are a true reflection of how well our products are fairing. We have placed the customer - and their enjoyment of our cars - at the centre of what we do, and while we won't get complacent, Jaguar's success in the latest JD Power survey shows that we design and manufacture cars that fulfil all of our customers' needs in comfort, style and luxury.
"There are now 24,000 Jaguar XFs on UK roads and sales continue to go from strength to strength. We are confident the all-new XJ will be as well received around the country and Jaguar will maintain its status as the premium luxury choice for car buyers across Britain."
The survey, published in the latest edition of What Car?, showed Jaguar XF owners awarded its styling full marks as well as complimenting the car's running costs, performance and refinement.
Steve Fowler, What Car? Group Editor commented, "We know buyers place increasing importance on the annual JD Power and Associates satisfaction survey and how hard car makers work to improve their rating, which makes Jaguar's success this year all the more important and impressive. We've never had any doubts about the XF's ability, which is why we named it Car of the Year in 2008 and why it remains our favourite executive car today. We're delighted that owners have agreed with our assessment."
This is a 11-year+ news article, from our Jaguar archive, which dates back to the year 2000.
If in doubt check with your local Jaguar dealer as car prices and technical data will have changed since 2010.
Although our car news is published in good faith, we cannot guarantee it to be error free or complete or up-to-date.
Jaguar XF Images may not be UK specification cars. Colours and exterior and/or interior elements may differ from actual models.
The car news and images remain the copyright of the rights holder and may not be used without their consent.


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From undercover investigations to incredible new plant-based products, 2019 has not been a good year for the dairy industry. Here are five things the dairy industry should be worried about:
1. ARM Released the Largest Dairy Investigation in the United States
Animal rights group Animal Recovery Mission released not one but four undercover investigations as part of “the largest dairy investigation ever executed within the United States.” Documenting abuses at Fair Oaks Farms, Natural Prairie Dairy, and Strauss Veal Feeds, investigators found cows and calves being beaten, neglected, and kept in terrible conditions. The investigator described what he saw at Fair Oaks as “by far the worst abuse to baby animals” that he had seen “in any investigation in the world.”
2. Angry Customers Filed Lawsuits Against Milk Company Fairlife
After the first investigation of Fair Oaks Farms, which supplies dairy brand Fairlife, customers were livid. Fair Oaks Farms claims that its facilities follow rigorous humane protocols to guarantee “extraordinary care and comfort for the cows.” These claims led dairy consumers to file four federal class actions (so far!) against Fairlife. In these complaints, customers expressed their rage at being misled, including a claim that Fairlife participated in “massive consumer fraud.”
3. Milk Sales Are Going Through a Decades-Long Decline
In Wisconsin, declining dairy sales and low milk prices are leading to bankruptcies, and dairy farmers are leaving the industry at a rate of three a day.
But some companies have embraced change. After suffering a 91 percent drop in net profits, Dean Foods invested for a minority stake in flax-based vegan brand Good Karma Foods. Danone recently acquired WhiteWave Foods, parent company of plant-based brands Silk and So Delicious. And in 2017, Elmhurst Dairy, one of the oldest and largest dairy companies in the United States, switched from cow’s milk to 100 percent plant-based milk.
4. Desserts, Coffee Drinks, and Yogurt Are Going Dairy-Free
Top ice cream chain Baskin-Robbins launched two dairy-free flavors—Chocolate Chip Cookie Dough and Chocolate Extreme—made with coconut oil and almond butter. U.K. grocery chain Tesco began offering Nescafé Gold dairy-free instant lattes, available in oat, almond, and coconut. And companies large and small, including Yooga, Whole Foods, and Trader Joe’s, are making their own varieties of vegan yogurt.
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5. A Silicon Valley Startup Launched Real Dairy Ice Cream Made Without Cows
Silicon Valley technology startup Perfect Day has created a first-of-its-kind vegan-friendly ice cream that is made with real cow’s-milk proteins (casein and whey) that do not come from actual cows! On its website the innovative company explains that its products are real dairy made without factory farms, hormones, lactose, or cows—and they have a smaller ecological footprint.
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You can help solve the problem of Big Dairy by choosing plant-based milk, ice cream, cheese, and other products. Join the growing number of people enjoying vegan dairy by ordering your FREE Vegetarian Starter Guide today!


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Get Alerts »
Massive Wisconsin pileup caught on camera
The world watches and waits after the U.S. government warns of a potential terror attack and closes embassies across the Middle East and North Africa.
Script / info to follow.
Health-conscious consumers are buying less soda, especially diet sodas flavored with artificial sweeteners, which some consider risky.
Spending on soft drinks dropped 3.3% between late November and a year ago, according to sales data gathered by Niels...


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The inexorable rise of the outdoor ad industry looks set to propel the sector ahead of newspaper adspend, with the global market forecast to hit $40.6bn (£31bn) this year.
So says a new report by GroupM, which reckons that out of home (OOH) spending will represent 6.6% of the $600bn (£457bn) worldwide advertising market in 2020.
While details of the study are patchy at best, the Financial Times reports that this year advertisers will spend about $4bn (£3bn) more on OOH than on newspapers.
By 2024, however, GroupM expects OOH to overtake spending on newspapers and magazines combined, having expanded at an annual rate of up to 4%.
The growth is being driven by new data-driven targeting and attribution techniques, as well as the rise of programmatic buying platforms.
At the last count, there were 11,024 digital screens in the UK market, 51% more than 2018. But while digital screens account for just 3% of UK sites, they pull in 48% of all outdoor revenues.
Brits now see 1.1 billion digital out-of-home ads over the course of a week, up 36% from just a year ago, according to research released last year.
At JCDecaux, digital sites account for 5% of its inventory but generate 25% of revenues; for Clear Channel digital is even more important, accounting for 60% of its revenues.
GroupM global president of business intelligence Brian Wieser told the FT: “Outdoor advertising has been resilient because it retains unique characteristics for advertisers. It helps that the medium has continued to evolve.”
Posterscope global president Stephen Whyte said that almost all growth in the sector has been driven by digital sites, while the number of traditional sites – nearly 380,180 – has been shrinking.
He added: “All the new money is coming into the digital medium. The incentive to extend the paper estate is low, while the margins on digital are high.”
2019 Review of the Year: It’s world domination at last
New outdoor platform taps into ‘spending on the go’
DOOH impacts soar as brands flock to data-driven sites
Adspend nears £24bn with surge in data-driven activity
Posterscope secures data deal to boost OOH insight
JCDecaux-backed platform to fuel digital poster epoch
Diageo taps into sunny spell for Smirnoff Cider OOH ads
Santander first brand to use Posterscope AI-driven OOH


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By now, you might have most likely heard about Pac-Man Museum+. The sport has already been confirmed to be releasing on the Nintendo Change, PlayStation 4, Xbox One, Xbox Sport Go and PC. It is going to additionally are compatible with the PlayStation 5 and Xbox Collection X.
Pac-Man Museum+ had been introduced by Bandai Namco late final yr, however the date of the sport’s launch was solely confirmed to be “early 2022”. As of immediately, that’s been modified. Bandai Namco has formally introduced that it will likely be releasing on Could twenty seventh.


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MMD, the brand license partner for Philips Monitors, has responded to rising concern over the security of webcams by incorporating a pop-up camera in its new line of 22, 24 and 27in monitors. The camera can be popped up when it’s needed, then pushed down into the display frame when it’s not, effectively blocking off a potential spyhole for hackers. This new feature is available on Philips 272B7QPTKEB/241B7QPJKEB/221B7Q PJKEB displays.
Pop up webcam
More from NewsMore posts in News »
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- Zero Trust: a business imperative to enable the secure, hybrid-working enterprise: by Mark Cooke, COO, XalientZero Trust: a business imperative to enable the secure, hybrid-working enterprise: by Mark Cooke, COO, Xalient
- Filing Shelf And Safety
- Mailing: Return To Sender
- Digital Workflows


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January 14, 2015
A Reuters article assured that the CEO of the company, Kazuo Hirai, told a small number of journalists during the past CES 2015 that his reforms to raise the company have been successful “in some places but not in others”, and although He noted that the electronics, entertainment and finance business will continue to be relevant to the company, “there are some operations that need to operate with caution, such as television and mobile phones for example.”
In addition, Reuters spoke with important anonymous sources within Sony, who said that Hirai and several executives are open to options such as selling completely, or seeking partners, for their TV units and mobile phones. “No business is forever,” they assured.
via Sony does not rule out selling its smartphone unit due to economic crisis – Wayerless.
Related articles across the web
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Bangladesh Food Safety Authority (BFSA) has prepared a report claiming that it has removed most of the 52 substandard food items from the market across the country and filed 52 cases against the companies concerned as per the High Court directives.
The report will be submitted to the HC on June 16, BFSA lawyer Mohammed Faridul Islam told The Daily Star yesterday.
“Bangladesh Food Safety Authority has worked to confiscate the 52 food items which were found to be substandard by the Bangladesh Standards and Testing Institution after the High Court had directed to do so. Bangladesh Food Safety Authority has handed over its report to me for placing it before the High Court,” the lawyer said.
But he refused to disclose the contents of the report and the names of the confiscated products and the companies concerned.
Replying to a question, the lawyer said BFSA Chairman Mahfuzur Rahman would appear before the HC on June 16 and offer unconditional apology for not fully complying with its May 12 order.
Following a writ petition, the HC on May 12 directed the BFSA and the Directorate of National Consumer Rights Protection to immediately remove the 52 substandard food items from the market and to submit a report to the court on May 23 after complying with the order.
During a hearing on the petition on May 23, the HC bench of Justice Sheikh Hassan Arif and Justice Razik-Al-Jalil came down heavily on the BFSA for not abiding by its May 12 order to get 52 substandard food items off the shelves.
The court also rebuked the BFSA chairman, summoned him, and issued a contempt of court rule against him for not complying with its order.
It asked the chairman to appear before it on June 16 to explain as to why his office had not abided by its May 12 order. The chairman cannot go unpunished, the bench said.
Meanwhile, the BSTI handed over a report to its lawyer Sarkar MR Hassan on June 10, saying that samples of most of the 52 food items, which were previously found to be substandard, passed a retest by the quality regulator.
The lawyer yesterday told this correspondent that he would submit the BSTI’s latest report to the HC on June 16.
In May, a BSTI report, signed by engineer SM Ishaq Ali, director (CM), had said samples of the 52 products failed BSTI tests.


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(CNN) — A new device aimed at tackling sexual harassment on crowded trains sold out just half an hour after it went on sale in Japan.
The “anti-groping” stamps, manufactured by stamp-maker Shachihata Inc., allow victims of harassment to mark their assailants with invisible ink, presenting a deterrent to would-be attackers.
A limited run of 500 stamps, which retailed at 2,500 yen (about $24), sold out within 30 minutes of going on sale on Tuesday, a company spokesman told CNN.
The device stamps a small image of a hand that can be seen under a black light. The product also comes with a black light.
In May, Shachihata said it would develop the stamp after discussions erupted on social networking sites about how to discourage groping — known as “chikan” — on crowded trains.
Some suggested a method for marking and shaming offenders. Shachihata, a well-known stamp maker in Japan, hinted it might be able to help to develop the product, and after three months the company revealed trial sales for its first model.
“I was so surprised how quickly they were sold out,” Shachihata Inc. spokesman Fumihiro Mukai told CNN.
Although police have not been involved in the development of the stamp, Mukai told CNN that the company is hopeful that it will help curb sexual harassment.
Japan is ranked 110th out of 149 countries in the World Economic Forum’s index measuring gender equality.
™ & © 2019 Cable News Network, Inc., a Time Warner Company. All rights reserved.


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Original Grain has a penchant for creating original pieces. This time it has come up with an iconic watch to celebrate the Washington Nationals’ 2019 World Series Championship.
Original Grain paired up with Rawlings to create this piece, and it shows in the packing. There’s the watch, a leather cuff, and an official world series MLB baseball. Only 500 such pieces will be made.
Ryan Beltran, Original Grain’s co-founder said, “We are proud to partner with Rawlings to celebrate the 2019 World Series and America’s favorite pastime. This collaboration was a dream come true for the team, to incorporate new materials like Rawlings’ genuine leather into the design creates a unique blend of our iconic style and Rawling’s unparalleled quality, making this a true come run for fans to commemorate the series and the Nationals’ victory!”
But let’s talk about the watch, the star of the box set. It has a genuine Rawlings leather on the dial and cuff, and the Washington Nationals Branding and a Miyota 6S21 movement. There’s a stainless steel as well as a leather cuff band, so you can pick what you like. Each watch has a chrono 44mm with a sapphire crystal glass, Japanese miyota movement and an ash wood bezel reclaimed from baseball bats. It’s made from brushed silver stainless steel, and has a case that’s 11.20mm thick. Only 500 pieces of this watch will retail for $650 apiece.


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Following Overwatch League commissioner Nate Nanzer’s departure from Blizzard, many more experienced and important employees, including global product director of Blizzard Esports Kim Phan, have reportedly put in their two-week notice, according to a report by Richard Lewis on Dexerto.
Morale in the company has reportedly been lowering as time has gone on. Employees seemingly don’t enjoy working under the current CEO of Activision Blizzard Esports, Pete Vlastelica, according to Dexerto. Vlastelica comes from FOX Sports, which worries many. Apparently, the disconnect between traditional sports and esports can be seen and felt by many employees, including some senior staff members. Some even believe that the disconnect is so large that the decisions that are being made are hurting the company instead of helping it.
Another reason morale may be low is the lack of financial success for Blizzard. Fiscal reports were mixed for the whole company, but it was fairly apparent that Blizzard wasn’t in control of the market anymore, with a 50-percent drop in stock value at one point. Staff may be anticipating further failure, resulting in them wanting to find a more successful venture instead of waiting until the pink slip is on their desk.
The loss of two significant industry figures in such a short time span, coupled with a schism between employees and senior staff and financial stress indicate that Blizzard might be in trouble. The question is: What will the company do in response?


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Trump protects properties with bankruptcy--and buys properties in bankruptcy
Current play on Virginia estate called 'squeeze' on Bank of America
Donald Trump and bankruptcy are back in the news, but this time it's not with one of his companies.
No stranger to bankruptcy court
We'll get to the latest development, but first let's review Trump's personal history of filing for bankruptcy. According to an ABC report from April, the developer cum real-estate-branding-mogul who's branched into entertainment via beauty pageants and reality TV is no stranger to bankruptcy court, and, in fact, seems to regard Chapter 11 as a pro golfer might consider a 7-iron or a pitching wedge--just another tool in the bag of business instruments:
Bankruptcies in '91, '92, '04 & '09--while distressed homeowners go without
Donald Trump -- or companies that bear his name - have declared bankruptcy four times.
Trump has built an American empire from Las Vegas to New York with towering hotels and sparkling casinos. Forbes estimates he's worth $2.7 billion. But not all of Trump's business ventures have been constant money-makers. In 1991, 1992, 2004, and again in 2009, Trump branded companies or properties have sought Chapter 11 protection.
"I've used the laws of this country to pare debt. ... We'll have the company. We'll throw it into a chapter. We'll negotiate with the banks. We'll make a fantastic deal. You know, it's like on 'The Apprentice.' It's not personal. It's just business," Trump told ABC's George Stephanopoulos last Thursday.
A business declaring bankruptcy is nothing new in corporate America, where bankruptcy is often sugar-coated as "restructuring debt." But it might seem alarming to everyday Americans who can't get a bank to restructure their home loans. If you want to get Donald Trump hot under the collar, accuse him of declaring bankruptcy.
Bankruptcy as a business decision
Apparently, Trump bristles at the suggestion that he's filed for personal bankruptcy. Yet, clearly--We'll throw it into a chapter. . . .We'll make a fantastic deal. . . .It's not personal. It's just business--he has no problem sending Trump-branded businesses into Chapter 11, even if he winds up with minority ownership in return for banks treating him as yet another too-big-to-fail major financier.
And, up to a point, we agree.
That is, we think consumers can stand to adopt an attitude more like Trump's: it's a business decision to file for bankruptcy protection. We have the U.S. Bankruptcy Code on the books for a reason--when people get in trouble, they deserve a chance to hit the reset button and start over, either through a liquidation plan (Chapter 7) or through a partial repayment plan (Chapter 13).
The difference of course is that Trump manages to protect his personal wealth while playing fast and loose with his branding deals and promises to investors. Remember the old acronym, OPM? Yep--other people's money. To be fair, he's had businesses go into Chapter 11 and emerge as winners, which, after all, is the point--both for businesses and consumers. On the other hand, how many consumers can rant about Obama's birth certificate in the same speech in which they brag about paying $41 million for a mansion in bankruptcy proceedings then flipping it soon afterward for $100 million?
Kluge bankruptcy opens door for Trump acquisitions
Which point brings us to current news. By way of background, Patricia Kluge was born in Baghdad but a citizen of Great Britain who became a belly dancer, nude model, and high-society fixture in Virginia via marriage to billionaire media tycoon John W. Kluge. She and Kluge divorced in 1990, whereupon she was set up with a settlement estimated anywhere from the hundreds of millions to a billion dollars, including a vast estate in Virginia, which she and new husband, William Moses, attempted to revamp as a winery.
'In the history of rapid wealth loss. . .'
From a July 1 article in the Wall Street Journal:
In the history of rapid wealth loss, Patricia Kluge stands apart. Once married to one of America's richest men, she won a divorce settlement in 1990 worth more than $100 million and proceeded to spend it on her lifestyle and business ventures. She was forced to sell off her Cartier diamonds, Givenchy gowns and silk drapes before declaring personal bankruptcy in June.
Yet the Fall of the House of Kluge has been a windfall for one man: Donald Trump.
As Ms. Kluge's empire collapsed, Mr. Trump bought. Over the past six months, he swooped in and picked up many of the pieces of her palatial Virginia estate and winery. He bought the 1,000-acre vineyard and winery for a fraction of their original value. He bought 200 acres nearby for less than $500,000, with help from Ms. Kluge and her son.
Now, the pompadoured billionaire and reality-TV star may have outplayed a much bigger rival in a bid for Ms. Kluge's crown jewel: her mansion. Bank of America owns the house after foreclosing and is trying to sell it for $16 million. The 24,000-square-foot neo-Georgian palace has 45 rooms, a spa, home theater, 3,500-bottle wine cellar and 2,000-square-foot sitting room.
Bank foreclosed, but Trump landlocked the mansion
One thing the house doesn't have, however, is a front yard. Mr. Trump owns that, having purchased it with his 200 acres. He also owns most of the driveway and the backyard, making a sale to any other buyer difficult. Mr. Trump said he would buy it from Bank of America for $3.6 million.
For more, see related stories:
- Donald Trump squeezes Bank of America;
- Billionaire's Ex-Wife Discloses Assets with Bankruptcy Court.
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If you're interested in learning more about the power of bankruptcy protection, please, browse our site for more information; if you need help filing for bankruptcy protection for yourself, consider signing up for a free case evaluation.
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Apple unveiled the iPhone 13, alongside mini, Pro and Pro Max versions, at their California Streaming event on September 14. The four models became available for purchase at the end of the month.
Apple's marketing efforts around their new flagship launch certainly seem to have been effective, driving higher rates of Ad Awareness for the iPhone. According to data from YouGov BrandIndex, which tracks perceptions toward brands on a daily basis, the iPhone’s Ad Awareness score witnessed a marked increase, registering an 8.4-point rise in the US over October, and making it the Advertiser of the Month.
Advertisements introducing iPhone 13 and iPhone 13 Pro showcased many of the new features, such as the improved 5G experience, durable ceramic glass display and a huge increase in battery life. However, it was the potential of the new camera which seems to have stolen the show. Apple commissioned Oscar-winning director Kathryn Bigelow for its 'Hollywood in your pocket' campaign, which gave Apple a platform to showcase Cinematic Mode and Rack Focus, allowing users to shoot high quality films with easy focus shifting on subjects.
iPhone's Buzz score – which measures the net sentiment of conversations around the brand – also increased during the same period, from 17.8 on September 25 to 20.7 on October 24.
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Methodology: BrandIndex collects data on thousands of brands every day. A brand’s Ad Awareness score is based on the question: “Which of the following consumer brands have you seen an advertisement for in the past two weeks?” and delivered as a percentage. The data is based on the interviews of US adults aged 18+ between September 25 and October 24, 2021. Learn more about BrandIndex.


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As it seems, Amazon is preparing something for us on June 18, an event teased in a recent video posted on the web. During this video we can see people’s reaction to the use of a new kind of device that comes with an unique interface.
Yet, in the video we can’t see the product that people are talking about, Amazon putting accent on people’s using reaction of their new device. They are completely amazed of the new device, at a moment in the video a woman saying that the device is moving in the same time with her.
Getting head-to-head these clues, we think that the new product teased by Amazon is nobody else than the Kindle smartphone that showed up a bunch of times in the past. This device will have 6 photo cameras which are designed to show a 3D effect on the screen and to detect user’s look in relation with the screen, creating an amazing 3D effect.


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Microsoft is holding a new Xbox and Bethesda Games Showcase in June, where it will showcase upcoming games. The event will be broadcast live on various platforms, in ‘more than 30’ languages.
The Xbox and Bethesda Games Showcase will air on June 12 at 7:00 PM Dutch time. The stream can then be followed on YouTube, Twitch, Twitter, TikTok and Facebook. Little is shared about the content. Microsoft did write that the showcase “contains everything you need to know about the diverse lineups of games coming soon to the Xbox ecosystem, including upcoming releases for Game Pass on Xbox and PC.”
Microsoft says that games from Xbox Game Studios and Bethesda will be shown during the presentation. The company also shows a teaser image in which stars can be seen, which may indicate an introduction of Starfield. This new space RPG from Bethesda is scheduled for November 11, but the company has not shown any gameplay footage to date.
Last year, the company held a similar Xbox and Bethesda presentation, where titles such as The Outer Worlds 2 were announced and Starfield was given its release date. The presentation lasted about an hour and a half. It is not yet known how long the show will last this year.


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Nintendo wants those in the press who couldn’t make it to E3 to be able to get their hands on the Wii at LGC. It seems that Nintendo will only be allowing special atendees that they have picked, or been notified about, to get some hands on time with the Wii. This way they can satisfy the media that hasn’t had a chance for hands on impressions with the Wii. This will be the first event in Germany where anyone has had a chance to actually play a Wii.
Nintendo also announced what will be playable for the DS while at LGC. A list of the titles can be found below.
New Super Mario Bros. (NDS)
Dr. Kawashimas Brain Training (NDS)
The Legend of Zelda: Phantom Hourglass (NDS)
English Training (NDS)
Clubhouse Games (NDS)
StarFox Command (NDS)
Pokémon Mystery Dungeon: Blue Rescue Team (NDS)
Thanks to Terry, Zoora, Finguo, and Emil007 for the heads up!


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Tags: home prices
Home prices in May saw an increase of 10.9 percent compared to the previous year, which according to a report from our sister site, Equipment World, was the biggest gain home prices have seen in seven years. The data come from ...
New home sales rose 2.3 percent over March in April to a seasonally-adjusted rate of 454,000, the highest it’s been since the summer of 2008, our sister site, Equipment World, reported. Though new home sales increased 29 percent year-over-year in April, ...
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Digiday Research: Watch out, Google, advertisers are redirecting search budgets to Amazon
The robust growth of Amazon’s ad business could be bad news for Google.
In a survey of 59 media buyers conducted by Digiday this March, 44 percent said their spending on the platform was, to some degree, coming from the reallocation of existing search budgets.
Google has been tapping into marketers’ search budgets virtually unchallenged for the past 15 years as its search engine emerged as the only real game in town for intent-driven advertising. But the continued rise of Amazon and its concerted push into advertising in recent years has presented direct-response marketers with a compelling alternative. And as marketers look to lessen their reliance on Google and Facebook more generally, a growing number are steering their budgets away from Google and towards Amazon where they can.
Advertisers are also allocating new ad budgets to the e-commerce giant. Nearly half of media buyers polled by Digiday said their spending with the company was coming, in part, from new ad budgets.
Amazon’s advertising strategy has been in part to strip away money flowing to Google’s search products. It’s worked to simplify its search products for advertisers and introduced new attribution tools to make its measurement capabilities more on par with Google. In some extreme cases, companies are switching as much as 60 percent of their search budget from Google into Amazon.
Most companies aren’t yet moving their budgets away from Google and Bing to Amazon at scale, however. David Hutchinson, national director of paid platform merchandising at iProspect said the most pronounced movement is coming from consumer packaged goods companies. Even there, Hutchinson added, the dollars moving are “not a huge amount, maybe 10 percent to 20 percent.”
Matt Mierzejewski, svp, search capability lead at Merkle said he doesn’t believe Google is losing money to Amazon overall, but rather that it’s losing out on growth. “Google is just getting less of the new search budgets and that’s what feels different for most advertisers in this industry,” he said.
Despite the fact half of product searches now begin on Amazon, Google remains a critically important marketing channel from a branding and performance perspective. While 73 percent of media buyers plan to increase their spending on Amazon in 2019, according to earlier Digiday research, few media buyers currently rate Amazon as a “must-buy” compared to Google.
And often Amazon’s ad deals are being helped along by the leverage it enjoys from other parts of its business. With retailers, for example, Amazon will often create agreements where companies can commit to purchasing a certain amount of media from Amazon in exchange for greater retail margins, said Hutchinson. In that sense, Amazon is able to access new budgets via retail teams in addition to marketing ones.
Other companies are paying for Amazon advertising by reinvesting revenues earned from e-commerce sales on the platform. “Clients see the Amazon ecosystem as self-funded. They’re happy to reinvest 10 percent of their revenue from Amazon back into the platform and see it grow,” said Mierzejewski.
Regardless of where marketers find the money to spend on Amazon, they need to be conscious of the risks. Doing so can train consumers to shop exclusively on Amazon, which can hurt other areas of their businesses. More Amazon shopping also means marketers lose out on collecting valuable first-party data from users visiting their owned sites. There’s also no guarantee that marketers won’t be competing against Amazon’s expanding private-label products, if they are not already.
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TD Ameritrade, the first brokerage company to launch online trading for traditional resources, today announced its investment in ErisX, a new regulated cryptocurrency for spot trades and futures opened by Eris Exchange, a Chicago derivatives market .
ErisX is designed to offer traders access to spot cryptocurrency contracts and futures contracts on a single stock exchange. Spokeswoman Jessica Darmoni says it will allow investors to trade in Bitcoin, Ether, Bitcoin Cash and Litecoin, as well as futures contracts on cryptocurrencies.
TD Ameritrade says that its retail clients "are trying to access and exchange products in digital currency in the same way they do with traditional capital markets – through a legitimate, regulated and transparent exchange".
Among the first financial services companies to offer customers approved access to Bitcoin futures contracts on the CBOE Futures Exchange, TD Ameritrade will be able to expand its cryptocurrency offers through ErisX.
Reuters reports that ErisX will offer TD Ameritrade customers the opportunity to exchange "other cryptocurrency futures, such as Ethereum and Litecoin", according to J.B. Mackenzie, CEO of TD Ameritrade of futures and foreign currency.
Steve Quirk, executive vice president of trading and education at TD Ameritrade, adds: "That's why we chose to invest in ErisX – to make digital currency products more accessible to retail customers."
TD Ameritrade is part of a growing list of traditional financial services companies that are expanding into the market for alternative cryptocurrency resources. Despite the Bitcoin Bears market, which brought down the world's largest cryptocurrency from its December historical high of $ 20,000 to today's price of $ 6,486, companies are taking advantage of the calm period to build an infrastructure criticism as they prepare for greater traditional adoption.
In a panorama of digital assets that is attracting more and more competitors, ErisX will face Bakkt, a new cryptocurrency platform scheduled for next autumn. Supported by Intercontinental Exchange, Bakkt, like ErisX, will offer physically-delivered futures contracts, offering investors the cryptocurrencies underlying the expiration of the contract.
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As a technology leader in the financial services space, TD Ameritrade provides 11 million customer accounts totaling over $ 1.2 trillion of assets. The company has a long history of integrating new technologies into legacy platforms and stimulates enough interest and adoption among its customer base to make new and new services mainstream.
The company writes in its announcement,
"TD Ameritrade has a proud history of innovation that dates back to its foundation in 1975, including the possibility of being the first to allow the buying and selling of shares through the touch-tone telephone, the first to offer Internet trading, the first to offer the trading of mobile devices, and – more recently – the first to exploit artificial intelligence to offer trading through an automated agent. "
DRW Holdings Inc. and Virtu Financial Inc. are also supporters of ErisX, together with Valor Equity Partners, NEX Opportunities, Cboe Global Markets Inc., Susquehanna International Group and ED & F Man Capital Markets Inc.
The Crypto Beat
The debate on Bakkt and its potential impact on Bitcoin
Disclaimer: the opinions expressed in The Daily Hodl are not investment advice. Investors should do their due diligence before making high-risk investments in Bitcoin or cryptocurrency. Your transfers and exchanges are at your risk. Any losses you could sustain are your responsibility. Please note that The Daily Hodl participates in affiliate marketing. Check out the latest news
Disclaimer: the opinions expressed in The Daily Hodl are not investment advice. Investors should do their due diligence before making high-risk investments in Bitcoin or cryptocurrency. Your transfers and exchanges are at your risk. Any losses you could sustain are your responsibility. Please note that The Daily Hodl participates in affiliate marketing.
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(Rochester Hills, Michigan) – Further demonstrating the company’s position as the leading authority on visibility and safe driving, Trico Products has launched profiles across a comprehensive suite of social media platforms to better engage with everyday drivers and installers/technicians.
TRICO’s active presence on Twitter, Facebook and YouTube not only shares news and information on visibility and safety issues, but also creates a forum for drivers to share their own “moments of truth,” offers helpful videos demonstrating the proper installation of wipers, announces promotional offers, and engages with prospective employees and business partners.
Consumers, technicians and business associates can now connect with TRICO at the following profiles:
TRICO’s presence at these social media outlets will be promoted throughout the company’s communications, including print and online advertising, point-of-purchase displays, and the tricoproducts.com website.
“Consumers are spending more time on social media than ever before, and they are looking to make personal connections with the brands and products that make a lasting impact on their lives,” said Kevin O’Dowd, Global Director of Marketing, Corporate Branding and Strategy for Trico Products. “We have an obligation to leverage new media technologies and share important information that leads to greater driving visibility and overall safer driving.”
For over 90 years, Trico Products has been one of the world's largest manufacturers of wiper blade products and systems with major operations in Asia, Australia, North America, South America and the European Union. For more information on TRICO product lines, please contact Trico Products at 800-388-7426, or visit tricoproducts.com.


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Microsoft tackles 365 outage
Microsoft has spent a lot of time and money on marketing the online versions of its Office productivity suite but desktop users could have been forgiven yesterday when a service outage brought down Office.com and its associated versions of Outlook, Microsoft Teams and services like OneDrive.
Microsoft’s Twitter account noted the outage at 9.44pm, claiming then that it was “investigating an issue affecting access to multiple Microsoft 365 services.”
According to the Microsoft 365 Status Twitter account a the outage was caused by a “recent change” and that the service had been rolled back to mitigate the issue. That measure seemed to have only a limited effect and the account later posted that it was rerouting traffic to an “alternative infrastructure” before reporting an improvement in service.
The last update on the string, posted at roughly 3am said the issue had been resolved “for most users”.
However, as of 3pm today users were still complaining of lack of access on mobile devices, though issues with desktops seem to have been resolved.
Microsoft has remained tightlipped about the precise cause of the outage.
“We’ve fixed the service interruption that some customers may have experienced while performing authentication operations,” a spokeperson told Forbes. “At this time, we’ve seen no indication that this is the result of malicious activity.”
IDG News Service & TechCentral Reporters


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The cryptocurrency market has been in freefall in recent weeks. Per CoinGecko, and are down 9.6% and 14.2% in the last seven days.
Other prominent cryptocurrencies—like and —are also firmly in the red, plunging 19.7% and 12.3% during the last week, respectively.
Alongside leading cryptocurrencies, companies that have made big bets on crypto are also struggling.
Similarly, payments firm Block—led by Jack Dorsey and formerly named Square—was down by 0.44% by closing time yesterday. The company has recently announced its intention to enter the Bitcoin mining fray.
PayPal, which made headlines in November 2020 when it announced all U.S. account holders could buy and sell cryptocurrencies through its platform, is also in the red, albeit by 0.16% by market close yesterday.
Crypto exchange is, however, bucking this trend, after closing trading yesterday up almost 1%.
Tesla, the electric vehicle manufacturer that holds Bitcoin on its balance sheet, is also up 0.62% today. The company also recently began accepting Dogecoin payments for merchandise like Tesla-branded apparel.
Traditional markets take a dive
A similar bearish trend exists in the world’s traditional markets.
The Nasdaq 100—a stock market index made up of the largest non-financial companies listed on the Nasdaq—was down by 1.3% at yesterday’s close.
Two months ago, the Nasdaq 100 hit an all-time…


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Chicago — The retail group of Englewood Construction, one of the country’s leading commercial construction firms, has started work on three new ground-up projects: a Hobby Lobby in Beavercreek, Ohio; a PetSmart in Taylor, Mich.; and a Goodwill in Monroe, Conn.
“We’re extremely proud of the ongoing national partnership we’ve developed with these retail clients, which allows us to ensure smooth, dependable project delivery for them in locations across the country,” says William Di Santo, president of Lemont, Ill.-based Englewood Construction. “If a retailer wants more reliability and less stress when opening stores in multiple locations, working with a trusted contractor on a national basis is a great way to bring consistency to the construction process regardless of the location.”
Di Santo added that these three projects illustrate the continued momentum Englewood is experiencing across the big box retail segment. “In particular, we’re seeing more clients proceed with new construction on stand-alone sites, rather than opting for infill in existing centers,” he said. “This kind of expansion confirms retailers are feeling confident in a growing economy.”
Englewood recently broke ground on a 55,000-square-foot ground-up Hobby Lobby store in Beavercreek, Ohio, a suburb of Dayton. The new hobby and craft store will be located on an empty lot next to a Target on North Fairfield Road. Slated for completion by the end of January 2016, the project will use tilt-up construction of masonry embossed panels. Tulsa, Oklahoma-based Robert Michael Hughes is the project architect.
In Taylor, Mich., Englewood is demolishing an existing PetSmart and then building a new PetSmart in the same end-cap location at Taylor Retail Center. The 27,308-square-foot building, slated for completion in early 2016, also includes space for a future tenant. Akron, Ohio-based GPD Group is the project architect.
Goodwill selected Englewood to build its 18,251-square-foot store in Monroe, Conn. The ground-up construction began this past June and will be completed in December. Meriden, Connecticut-based BL Companies is the project architect. Goodwill will relocate to this new store at 252 Monroe Turnpike from its current location just a few blocks away. The new store will be nearly twice the size of the previous facility.
For more information, visit www.eci.build.
SOURCE: Englewood Construction


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Emergency E-Voucher Assistance in Gaza
“The e-voucher will help me meet the needs of my children and grandchildren.”
Nawal Abu Thaher, a widowed mother in South Gaza, was desperate. She didn’t have enough food to feed her children and grandchildren and she was running out of other basic household needs. With few resources, Nawal often had to buy groceries on credit.
“We used to ask the grocery store owner to give us food and promised to pay him back once we get money,” Nawal says.
Then, Nawal received a text message from Catholic Relief Services telling her she had been selected to benefit from their electronic voucher program. CRS’ e-voucher card allows people like Nawal to purchase food, hygiene and living supplies in times of crisis.
Like many people in Gaza, Nawal’s family has been significantly affected by the 2008 conflict. Her home was destroyed, and her son was arrested by Israeli forces. When her husband died six years ago, Nawal became responsible for securing food and other basic needs for 14 members of her extended family. Medical issues compounded the family’s already precarious situation. As a result of these challenges, Nawal’s family survives on humanitarian assistance alone. Nawal receives only three bags of flour every three months, which “is not enough to feed this big family,” she says.
As a part of the CRS e-voucher project, Nawal’s family will receive $120 on a monthly basis for at least three months to buy food and non-food items from any one of 15 local supermarkets contracted by CRS.
The e-vouchers give recipients the freedom to choose what’s best for their family. Nawal purchased items including baby formula, cereals, dairy, yogurt, legumes, cooking oils and diapers.
“I feel relaxed, we don’t have to borrow food from anyone for at least three months,” Nawal’s son Sabri says.


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Why Tesla’s Elon Musk might secretly be enjoying the 'Gigafactory' mystery?
The UpTake: Tesla Motors and Panasonic have signed a deal to build a massive U.S. battery plant to help turn Elon Musk’s electric car into a mass-market product. Which state will be home to the Gigafactory, along with 6,500 jobs and innovation bragging rights, is a mystery Musk has yet to resolve. Is he enjoying the drama?
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N ow that it’s official that Tesla Motors and electronics giant Panasonic have signed a deal to build a gigantic U.S. battery plant, one key question left to decide is which state will it be built in.
Tesla founder Elon Musk has so far not announced a decision on where the Gigafactory would be located, but the gossip mill is in full swing. If the billionaire entrepreneur wants more of a hands-on role, you would think California would be the no-brainer. Musk initially dismissed his home state as a location because of all its regulatory red tape, but recently lawmakers have been scrambling to make the Golden State more attractive, passing a law to give battery manufacturers a tax break and floating legislation to make a site in Sacramento exempt from time-sucking environmental reviews.
Other reasons to keep it in Cali: Tesla, which is scheduled to begin making its third-generation $35,000 Model 3 sedan in 2017, is headquartered in Palo Alto, while another of Musk’s startups, SpaceX, is 364 miles up the coast in Hawthorne. Solar City, where Musk is chairman, is just 17 miles away from Tesla in San Mateo. Does the serial entrepreneur really want to add Nevada, Texas or some other state to his travels?
If Karl Brauer, a senior analyst at the Kelley Blue Book auto information service is right, Musk may be enjoying the suspense and excitement he is creating with the Gigafactory news.
"Elon is a master of drama and the game, and this may be part of it —keeping us guessing," Brauer told SFGate.com. "I think the fact that he's put California back into consideration, that will buy him some time to announce a decision."
However, as our sibling publication the Silicon Valley Business Journal reported earlier this week, the latest buzz is that the factory might end up in Sparks, Nevada, which is close to the company’s factory in Fremont, California. In Sparks, a secretive project involving 50 earth-movers and called “Project Tiger” factory has been underway but it was reportedly suspended, another of our sibling publications Albuquerque Business First reports. Strange as it sounds, there have been reports that Tesla may be breaking ground on several sites before deciding upon one.
Other states vying for the battery factory are Arizona, New Mexico, and Texas, where sources told yet another of our sibling publications, the Dallas Business Journal that Tesla has its eye on a 700-acre site off Interstate 45 in southeast Dallas County. Panasonic, which is headquartered in Osaka, Japan, has its North America division based in Newark, New Jersey, so it’s not clear which state, if any, it might prefer.
In Arizona, Surprise appears to be the front-runner.
What is clear, according to the news release this morning is that Tesla says the plant will require investment of up to $5 billion and employ up to 6,500 by the year 2020.
But that’s not the only lure for the state finalists. There’s the chance to be home to a high-tech industry that will be focused on developing lower-cost advanced batteries, an industry that will grow alongside the electric vehicle industry.
As JB Straube l, chief technical officer and co-founder of Tesla Motors said in a release, "The Gigafactory represents a fundamental change in the way large scale battery production can be realized. Not only does the Gigafactory enable capacity needed for the Model 3 but it sets the path for a dramatic reduction in the cost of energy storage across a broad range of applications."
Yoshihiko Yamada, executive vice president of Panasonic, added: " Panasonic's lithium-ion battery cells combine the required features for electric vehicles such as high capacity, durability and cost performance. And I believe that once we are able to manufacture lithium-ion battery cells at the Gigafactory, we will be able to accelerate the expansion of the electric vehicle market."
The companies’ partnership will work as follows: Panasonic will manufacture and supply cylindrical lithium-ion cells and invest in equipment, machinery, and other manufacturing tools based on approval with Tesla. A network of supplier partners is planned to produce the required precursor materials. Tesla will take the cells and other components to assemble battery modules and packs. With everything on site, they’ll save on transportation and other costs.
Tesla is set to do an earnings call today, and if any light is shed on the Gigafactory location, we'll let you know.
After getting an MA in journalism from Syracuse University, Teresa worked as a general assignment newspaper reporter—general on purpose because besides the usual city hall and police articles, there was the chance to fly an F-18 with the Blue Angels and tag along with bounty hunters on a stakeout—all good preparation for covering entrepreneurs.
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Locals see strong first-quarter results / Strong sales boost Intel's profit by 25%
Driven by record sales of its chips for laptop PCs, Intel Corp.'s first-quarter profit rose 25 percent to nearly $2.2 billion, the company said Tuesday.
The world's largest chipmaker also said it plans to spend more money to increase its factory capacity, a sign that the tech bellwether expects the PC market to remain healthy, analysts say.
Intel Chief Financial Officer Andy Bryant told Wall Street analysts on Tuesday that, overall, the worldwide market conditions are good.
"As of today, worldwide demand seems pretty solid," he said during an earnings conference call.
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The Santa Clara firm's business in the first three months of the year was solid.
Intel's revenue rose 16 percent to $9.4 billion, resulting in a profit of $2.2 billion (34 cents per share). In the same quarter a year ago, its revenue came in at $8.1 billion, with profit of $1.7 billion (26 cents).
Intel's first quarter did benefit from having an extra week. Still, the results beat Wall Street expectations, which had pegged the estimates at $9.3 billion in sales and 31 cents per share in earnings.
Intel expects its second-quarter revenue to come in between $8.6 billion and $9.2 billion. Historically, the second quarter is the slowest period of the year, but if the firm hits the midpoint of its forecast, it would still be an 11 percent improvement on last year.
Intel also raised its capital spending budget for the year, which was in the range of $4.9 billion to $5.3 billion. Now, the company expects to spend between $5.4 billion and $5.8 billion.
The increased spending is due to stronger-than-anticipated business and increased confidence in Intel's new 65-millimeter chip-making technology, which will enable the firm to shrink the size of the transistor and cram more of them on a microprocessor.
Adding more transistors will also help Intel's move to dual-core microprocessors, which is like having two chips in one.
Intel's much smaller rival Advanced Micro Devices is also on that path and is scheduled to officially announce its dual-core chips at an event in New York on Thursday. However, Intel stole some of AMD's thunder when PC-makers announced Monday that they are starting to sell computers with Intel's dual- core microprocessors.
Still, analysts say being first to announce dual-core chips is mostly just about bragging rights.
Paul Otellini, Intel's president and chief operating officer, who will be promoted to chief executive officer next month, said the company plans to ship "hundreds of thousands" of dual-core chips in the second quarter and millions for the year.
Intel shares were up 42 cents, or 1.89 percent, to close at $22.63. The stock gained 80 cents in extended trading after the quarterly results were released.
INTEL CORP. (Santa Clara) 1st Qtr 2005 2004 Revenue $9,434,000,000 $8,091,000,000 Net profit $2,154,000,000 $1,730,000,000 Share earnings $0.34 $0.26


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The Internet is buzzing about some potential big news for Shrek fans, as an alleged leak has revealed the release date for the 5th movie in the franchise. The leak came from an unexpected source – a young woman claiming to have recently worked at NBCUniversal, the parent company of DreamWorks, the studio behind Shrek.
The initial excitement was sparked by a screenshot of what appeared to be the woman’s LinkedIn resume, in which she boasted about working on ‘Shrek 5’ and claimed the movie was set to come out in 2025. If this information is indeed accurate, it would be a major slip-up on the part of the intern, as the studio has not made any official announcements about the release date.
According to the leaked information, the woman’s role in ‘Shrek 5’ involved consumer product work, which could entail integrating brands and products into the movie. It’s a common practice in the film industry, but the revelation has still raised eyebrows among fans.
Not long after the leak started making the rounds, the woman’s profile was reportedly edited to remove any mention of ‘Shrek.’ This move only added to the speculation and heightened the interest in the potential sequel.
While NBCUniversal has not issued any official statements about ‘Shrek 5,’ the studio has hinted at the possibility of a new installment in the franchise through its recent Shrek-related projects. This has only added to the anticipation among the dedicated fan base, despite the mixed reception of the last two Shrek films.
The leak has generated a significant amount of buzz and speculation, with many people speculating that an official announcement from NBCU may be imminent due to the leak. The excitement surrounding the potential release of ‘Shrek 5’ has also prompted renewed interest in the franchise as a whole.
In addition to the leak, other developments related to Shrek have surfaced, further fueling the fan excitement. Celebrity Rita Ora recently dressed up as Princess Fiona (ogre version) and spent a weekend at a new Shrek-themed Airbnb in Scotland, creating a unique and memorable experience for fans of the franchise.
All these developments have left fans eagerly awaiting any updates or official announcements regarding the future of the Shrek franchise. Despite the uncertainty, it’s clear that there is a passionate and dedicated fanbase eagerly anticipating the next chapter in the Shrek saga.
Regardless of when ‘Shrek 5’ is released, it seems that product placement may play a significant role in the film, reflecting the increasing role of branding and marketing in the entertainment industry. This aspect of the leak has generated further discussion and speculation about the potential direction of the franchise.
In conclusion, the leaked information about ‘Shrek 5’ has sparked a wave of excitement and anticipation among fans of the beloved franchise. While nothing has been officially confirmed, the leak has reignited interest in the Shrek series and generated widespread speculation about the potential sequel. Only time will tell if the leaked information proves to be accurate, but for now, the Shrek fanbase is eagerly awaiting any updates on the future of the franchise.


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Kenya Tourism Board (KTB) said Thursday it has launched a national program to equip domestic product managers and sales agents with skills to sell travel experiences online.
Betty Radier, KTB Managing Director, said the tourism marketing body has partnered with Google, mobile operator Safaricom, Marketing Society of Kenya, Kenya Wildlife Service (KWS), Tourism Finance Corporation and KTB's online consultant to undertake the training program.
KTB will work with the identified partners to engage players in the tourism and travel sector and show them how to utilize the internet to their advantage,Radier said in a statement issued in Nairobi.
She said the overarching objective of the online training program is to increase consumption of the domestic holiday product by Kenyans and those living in Kenya by demystifying tourism and encouraging domestic travel throughout the year.
The program further seeks to share insights with players in the tourism and travel sector on the current issues, tourism trends and new product developments in Kenya as a destination.
The roll-out of the online training program comes at a time when Kenya's domestic tourism is on a steady rise.
According to KTB, a total of 4.05 million bed nights were taken up by Kenyans in 2017 compared to 3.5 million in 2016, denoting a 15.9 percent growth.
Radier said the growth of internet in Kenya has spurred positive development in the tourism industry with consumers readily able to access the internet to search for their next holiday destination.
A big percentage of Kenyans access internet through their mobile phones providing a great opportunity for the trade to utilize these platforms to engage Kenyans with travel related content and experiences,she said.


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Dubbed Project Rigel, the mobile app will let people retouch photos on iPhones and iPads. It is slated to make its debut at Adobe's conference for digital creators in October.
World Cup 2014 begins on Thursday, June 12.
Four superphones with four similar styles and specs. We'll help break down the pros, cons, and how much extra you pay to upgrade from the S6 to the S6 Edge to the Note 5 to the Edge+. Whew!
BlackBerry has flashed a glimpse of a mystery phone with a sliding keyboard, nicknamed "the Slider".
Pricing not available
Some of the most downloaded and highest-grossing video games in leading app stores use casino motifs for their designs, raising questions about the potential dangers of gambling apps.
Expected to cost under $200, the BlackBerry Z3 packs a large touch screen but no physical keyboard.
YouTube rules the realm of on-demand video, but live video still has a tournament of contenders. With a YouTube Gaming hub, Google is juicing up live features -- and that may bring you face-to-face with gameplay streams you never knew existed.
Get the new school year off on the right foot with apps and services
During just a single day, roughly one out of every seven people on Earth logged in to the social network, says Facebook CEO Mark Zuckerberg.
A tweet from a reputable leaker says the new slider phone, which will run on Google's operating system instead of BlackBerry's own, will be available through all four major US carriers.
LG is building anticipation for the upcoming IFA trade show, unveiling a Bluetooth keyboard that rolls up along four rows of keys to become a super-compact stick that slides into your bag.


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It’s a good time to be a Bat-Fan. Not one, but two great Batman-related games hit the App Store within the last few days (Suicide Squad: Special Ops and Batman: Arkham Underworld). And now Telltale has unveiled a rather excellent trailer for BATMAN – The Telltale Series, their eagerly awaited take on the Dark Knight’s mythos.
Here it is, check it out:
Looks good, don’t you think? Telltale appear to have nailed the “living, breathing comic book” style they were going for. Troy Baker (Bruce Wayne), Travis Willingham (Harvey Dent),and the rest of the voice cast sound perfect in their roles. Plus, the story seems like it will incorporate plenty of Batman’s rogues gallery and be fairly unique.
Along with the trailer, Telltale also announced a release date for the first of five episodes in the season, Episode 1: ‘Realm of Shadows.‘ It will be available on the iOS App Store — and a slew of other digital distribution platforms — on August 2nd.


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The Pensions Regulator will prosecute Dominic Chappell, the former owner of BHS, over his actions leading to the collapse of the retailer last June.
Vodafone is reportedly holding talks with BT's subsidiary, Openreach, about a joint investment in ultrafast fibre-optic broadband.
Facebook's scale may not guarantee its continued dominance, data suggests, as Snapchat looks set to overtake the dominant social network among the audience of tomorrow.
A pressure group has said it will apply for a judicial review over Ofcom's ruling that the Murdoch family would be "fit and proper" owners of Sky.
Publicis Groupe has appointed TBWA's international president Emmanuel André to the newly-created role of chief talent officer.
Google confirmed rumours that the next version of Android would be named "Oreo" in an unveiling in New York during yesterday's solar eclipse.
Carlsberg Group is hosting a week of events in its home city of Copenhagen to mark the anniversary of its 1847 founding by JC Jacobsen.
Fashion retail Jack Wills has hired Claire Waugh, formerly director of marketing (fashion and beauty) at Burberry, as its first chief marketing officer.
Volvo Car UK has appointed Mike Johnstone, Harley-Davidson's former head of marketing operations, international, to the new role of marketing strategy director.
EE has said it will take legal action over plans announced by Ofcom to limit the amount of 5G spectrum any network operator can own.
Dolmio is focusing on its potential to avoid drama at mealtimes in a new ad starring British actor Dominic West.
It's a year since the government's long-awaited childhood obesity strategy was announced to harsh criticism from industry, health campaigners and everyone in between - but what has changed in the last 12 months?
As TalkTalk launches the next instalment of its campaign celebrating the real lives of an everyday family, marketing director David Parslow tells Campaign how the brand is making the reality format work.
McCain is aiming to celebrate "what makes modern families great" in a new TV ad featuring real people, and with a voiceover by Ricky Tomlinson.
Simon Gwynn is tickled by the lateral thinking in this attempt to shame teens into responsible driving.
Chief executive Indra Nooyi has been targeted by a campaign calling for business leaders to disassociate themselves from the president.
New research of 35 leading multinational companies by the World Federation of Advertisers shows that the last year has seen a sea change in media governance practices, as brands grapple with issues including transparency, ad fraud and brand safety.
PepsiCo's chief executive Indra Nooyi has been targeted by a campaign calling for business leaders to disassociate themselves from Donald Trump, after the US president was harshly criticised for his response to the weekend's far-right protests in Virginia.
EasyJet could look to expand its presence in Germany after the country's second largest airline, Air Berlin, went into administration.
The Advertising Standards Authority has banned two digital out-of-home ads for sci-fi horror film Alien: Covenant that it deemed too frightening to be shown on an untargeted medium.


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Get exclusive insights into POCO X6 Series – official images, specs, and potential launch details revealed! Stay ahead with the latest smartphone updates.
POCO is getting ready to roll out its latest batch of X-series smartphones, known as the POCO X6 lineup, in India. They’ve teased the launch of the POCO X6 series in India, but the actual date is still under wraps. Ahead of this big reveal, official images of the POCO X6 5G and POCO X6 Pro 5G have surfaced online exclusively by Mobile Clusters. So let’s check it out.
POCO X6 Series Official Renders Revealed
POCO X6 Pro 5G Official Design
The POCO X6 Pro 5G showcases its style in three colors – Black, Gray, and Yellow. These design images confirm the presence of a 64MP primary rear camera. Word has it that this X-series phone might offer a whopping 12GB RAM and storage space of up to 512 GB.
This model seems to bear a resemblance to the Redmi K70e, launched back in November in China. POCO India has already spilled the beans that one of the X6 series handsets will pack a MediaTek Dimensity 8300 Ultra processor, hinting at a possible rebrand of the Redmi K70e.
POCO X6 5G Official Design
The POCO X6 5G is anticipated to hit the shelves in Black, White, and Blue options. Leaked images suggest a triple-rear camera setup, featuring a 64MP primary lens. It’s set to sport a full-screen display with a centered punch-hole notch.
Rumor has it that the POCO X6 5G might boast up to 12GB RAM and 512GB storage. If the speculations hold true, it could be a revamped version of the Redmi Note 13 Pro 5G, scheduled for launch on January 4 in India. Besides the POCO X6 and X6 Pro, there’s also buzz about the potential launch of the POCO X6 Neo in the country.
POCO M6 Pro 4G Official Design
The POCO M6 Pro 4G is rumored to make an entrance in Black, Purple, and Blue shades. It’s likely to be a rebranded variant of the Redmi Note 13 Pro 4G, potentially featuring a dialed-down 64MP rear camera. The Redmi Note 13 Pro 4G is expected to step into the limelight soon, speculated to offer a whopping 200MP camera.
However, it’s uncertain if the POCO M6 Pro 4G will hit the Indian market. POCO already has the POCO M6 Pro 5G and POCO M6 5G in the M6 series in India. It seems like POCO’s M-series lineup for India might exclusively consist of 5G-enabled handsets.
POCO X6 Series Launch Timeline
POCO has begun teasing the India launch of the POCO X6 series through Flipkart, hinting at an imminent unveiling, possibly within the next month. Concurrently, Xiaomi readies itself to debut the Redmi Note 13 series on January 4th in India. However, there’s no official confirmation regarding the global release of these devices as of yet.
POCO X6 Series Spotted On Amazon UAE Website
These phones are also spotted on Amazon UAE’s website which reveals all the official specifications, designs, and pricing of the phones. Let’s have a look.
POCO X6 Pro 5G Amazon Listing
According to the Amazon listing, the POCO X6 Pro 5G showcases a 6.67-inch LTPS display offering 1.5k screen resolution and a 120 Hz refresh rate. Powered by the MediaTek Dimensity 8300 Ultra, the device boasts an AnTuTu score of 1200K, paired with 12GB RAM and 512GB internal storage. Running on Android 13 OS, it packs a 5000mAh battery supporting 67W fast charging. The camera setup includes a 67MP main camera with OIS support, an 8MP ultrawide lens, and a 2MP macro lens. This smartphone is priced at AED 1,299 (approx. ₹29,500).
POCO X6 5G Amazon Listing
Talking about the POCO X6 5G then it has a 6.67-inch 1.5k AMOLED display with 120Hz refresh rate. The phone is powered by the Qualcomm Snapdragon 7s Gen 2 SoC paired with 12GB RAM and 512GB internal storage. Running on Android 13 OS, it packs a 5000mAh battery supporting 67W fast charging. The camera department includes a 64MP main camera with OIS support, an ultrawide lens, and a macro lens. This smartphone is priced at AED 1,149 (approx. ₹26,000).
POCO M6 Pro 4G Amazon Listing
Coming to the POCO M6 Pro 4G Amazon confirms that the device will sport a 6.67-inch POLED display with FHD+ resolution and a 120Hz refresh rate. Powered by the MediaTek Helio G99 processor, it comes with 12GB RAM and 512GB internal storage, running on Android 13 OS. Featuring a 5000mAh battery supporting 67W turbocharging, it houses a 64MP OIS AI triple rear camera setup and a 16MP selfie camera. The device is priced at AED 899 (approx. ₹20,400) in the UAE.
So that’s all about the leaked official renders of the upcoming POCO X6 Series. Other than that, If you have any queries or feedback then comment below. Stay tuned by joining our Telegram Group or WhatsApp Group and you can also follow us on Google News for more updates about new Smartphone/Tablet Launches, Leaks & First Looks. Thanks for visiting, see you soon.


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Pent-up demand for new homes, combined with low inventory, is leading to a big need for construction and building products, and private equity firms such as Clearlake Capital and Rotunda Capital Partners are showing keen interest – and closing recent deals – in the sector. Mergers & Acquisitions interviewed some of the key players, including Clearlake co-founder and managing partner José E. Feliciano.
“The U.S. housing market is expected to experience robust, sustained activity over the coming years, as the industry plays catch up to address a housing shortage after years of under-investment,” said Feliciano. “Clearlake identified this trend early on, when we co-created American Construction Source in 2018 through the acquisition of three leading regional [lumber and building materials] distributors, building a scaled platform with a national distribution footprint.”
The strategy paid off. Clearlake sold ACS to Bain Capital-backed US LBM in a deal that closed in July.
Clearlake continues to invest in the sector. Portfolio company PrimeSource Brands agreed to buy Wolf Home Products from Tenex Capital Management. Wolf is a designer and supplier of branded cabinetry, vanities, countertops, decking, and railing, among other residential building products.
Clearlake is far from alone. In June, PE firm Rotunda invested in American Equipment, Pacific Crane & Hoist and Allied Crane to form American Equipment Holdings. The three targets make and distribute cranes and hoists. Rotunda invests in businesses that are valued up to $150 million.
“Deal activity in this segment will continue to be strong for residential builders and related product suppliers who can show: diversity in their geographic markets; ability to off-site prefabricate products (to save on labor and improve quality); and high-quality management teams capable of sustaining growth into the future,” said James Rothenberger, a managing director at investment bank Meridian Capital, in an interview with Mergers & Acquisitions.
Building products and companies are attractive to buyers right now, but investing in the sector does not come without hurdles. Contractors are facing their own set of challenges, such as shortages in labor and materials supply. Rothenberger said he does not expect these issues to slow down M&A activity.
“While these supply chain issues have caused growth forecasts to come down slightly, the aforementioned M&A demand drivers are outweighing the impact of the reduced growth forecasts, causing enterprise valuations to continue to rise,” he pointed out. “Significant increases in the price for lumber, steel, glass, or wages has not been a ‘deal killer’, they have only been an area of increased due diligence and at times used to achieve small adjustments to final purchase prices. For the remainder of 2021 and at least the first half of 2022, we expect the M&A market for construction, engineering and building products companies to continue at a blazing pace.”


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More and more companies are joining Nollzon, a non-profit association that wants to increase the availability of electrically-powered taxi services. The idea originally came from Vattenfall, and is based on companies registering their address on Nollzon's website. Subsequently, all orders for taxis to that address are given electric car priority. Demand for electric taxis is currently much greater than supply, so there is no guarantee that an electric taxi will be available for every order.
"What is most important now is to demonstrate to the taxi companies what demand there is. And the fact is that today electric taxis already have precedence over other cars for trips to the companies that are involved. If tens of thousands of employees automatically prioritise electric cars when ordering a taxi, the taxi companies will purchase more electric cars and the electricity utilities will build more fast charging stations," says Roland Elander, Head of Business Development at Sustainable Innovation, which is coordinating the initiative.
Demand already increasing
During the period that Nollzon has been in existence, companies with a total workforce of 14,000 employees have joined up, and more large companies are in the process of joining. At Taxi Stockholm, they are already noting that demand has increased.
"Nine electric cars are currently in service, and we are planning to buy many more," says Belan Bahram, electric car expert at Taxi Stockholm.
Road traffic currently accounts for almost one third of Sweden's overall climate emissions and 60% of all fossil fuel use. At the same time, taxis are one of the modes of transport that can be profitably operated using electricity.
"Electric cars are ideal as taxis that operate in cities such as Stockholm. They often drive short distances and with an effective charging infrastructure they can be easily charged between trips if necessary. The range is no problem. Furthermore, taxis drive a lot of miles every day, which means that the low cost per mile for electric power balances the higher investment cost," says Annika Ramsköld.


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The revolution of santa clause … Model Paul Mason recently appeared in a charity campaign shoot for Toronto’s Yorkdale Shopping Centre themed ‘FASHION SANTA’ for the 2015 holiday season
The campaign shoot FASHION SANTA portrayed by model PAUL MASON, intrigued audience as the Traditional Santa with a big belly , large pants ,red hat big shoes etc wasn’t depicted in the campaign shoot but rather with significant slimmer waistline and tidier beard than his traditional counterparts.
He favors burberry topcoats, givenchy sneakers and cashmere salvatore ferragamo scarves—no polyester santa hats in sight.
THE CAMPAIGN In an effort to make donations easier this year, yorkdale will donate $1 for every selfie with fashion santa using the hashtag #yorkdalefashionsanta ($10,000 max)
Fashion Santa will be at Yorkdale on the following dates in front of Harry Rosen & Hudson’s Bay:
- November 21 – Avion Holiday Boutique
- November 27: 12pm- 8pm
- December 5: 12pm – 8pm
- December 6: 11am – 7pm
- December 11 – BT Christmas Tree Sale
- December 12: 12pm -8pm
- December 13: 11am – 7pm
- December 18: 12pm – 8pm
- December 19: 12pm – 8pm
- December 20: 11am – 7pm
- December 23: 12pm – 8pm